The Blog

Stockton Real Estate Market Update - August 2018

Stockton CA: David McKeever, Broker with McKeever Real Estate in Stockton, and Richard Hundley, Broker cover the latest real estate housing trends for the city of Stockton CA.

The amount of new listings in Stockton Ca rose 15.9% in August 2018 vs July 2018.  There were 677 newly listed homes.  There were 369 pending homes, which was a 37% change vs July 2018.  The big difference could have been due to the lackluster June and July months being so inactive. 

The average asking price and average sold price trends in Stockton CA are showing a NEUTRAL trend Stockton.

DOM: The days on market trend went up to 33 days vs 24 in July 2018.

Newly Listed Home in Stockton goes From Eye Sore to Eye Catching

David McKeever, a Stockton Realtor, and his team have put in some hard work, time and energy into helping their clients of 2901 Wagner Heights Stockton, transform their home from eye sore to eye catching. 

When Keith and Richard Munoz lost their father Peter this year, they wanted to sell their fathers home.  They contacted David to help them prepare and sell their Stockton house.  He immediately realized the good quality of the home, however, it just didn't show its best.  "The home looked dated, dark and uninviting."  David, the real estate broker at McKeever Real Estate in Stockton recommended a "lite staging" to make the home more sell ready.  The Munoz's  agreed and took the advice of David and his team to make it look more appealing to home buyers in today's real estate market.

They had the home cleaned, brought in some fresh linens, window coverings and were able to use many of the pieces of furniture that was already in the home.  There wasn't a need to bring in all new furniture.  Only two pieces of furniture were brought in, a couch and a chair used in the bedroom. 

Take a look at our before and after photos and let us know what you think? Want to transform your home in an inexpensive way, prior to it being sold?  Contact David McKeever and his team for a free consultation. 

David McKeever, Broker
209.483.6523
mckeeverrealestate@gmail.com

Before After

 

Stockton Real Estate Market Update - June 2018

Stockton CA:

Is the Stockton housing market showing signs of a correction?  Is another crash coming?  Is there a bubble?  These are questions we've been getting lately because of the amount of appreciation we've seen in the recent years.  In our monthly market update video below, we answer this question and many more.

 
 

[ FREE: REQUEST a value of your Home ] 

Here is the most recent housing data for the City of Stockton for June 2018.

Sales are down in 2018

SOLD HOMES:  279 June 2018 vs. 358 June 2017

PRICING STRATEGY for 2018

It is a different market this year.  Pricing the home correctly is more critical than ever to ensure a quick sale.  Last year we were able to price home 5% over the market and have great response with showing requests and often times immediate offers. 
So far, this year is different.  In order to sell your home quick, pricing your home right at or just below fair market value is the best strategy in the 2018 market.  There are still buyers in today's market.  However, with the rise in Stockton home prices, they are starting to get a little picky.  Pricing your home in an attractive manner is the smartest strategy this summer.

 

 

New Listings:  549 June 2018 vs. 466 June 2017
Pending Sales: 340 June 2018 vs. 299 June 2017

FYI.  Currently there are only 7 Foreclosures(REO's) for sale in Stockton and only 11 Short Sales.

The Stockton CA median home price has risen to and average of $300,000.  This time last year the average median price was $270,000.  This is a 11.1% increase in the past 12 months.

Search Stockton Homes for Sale

 

 



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